My wife and I have a discover card that we use for gas and some other items and we pay it off each month.

Hello, getting ready for my 1st property and I want to build a model for future investing.

He picks out of 7-10 "common" rehab category cost items (replacing carpet, painting, etc.) , for different trim levels.  2).

I'd assess the state of his apartment, deduct any damaged items with a full accounting of how you spent the money - which is your obligation as a landlord - then send any remaining money back to him. 

Hi @Derek Lamonde,Financial Modeling up from SFR to Multi Family is always a great move.

Most people have clauses in their leases that state tenant must report items needing repair rather than fixing them.

Read as much as you can, listen to plenty of BP podcasts, find good role models and keep aware of what is happening in your market!

While a Coldwell Banker or big name will give you 50%, but hold your hand the whole transaction.If you want to be an employee look at Redfin, they have a great model. 

I get to HD, start talking to the manager, surprisingly everyone sprung into action, they are calling to get the surveillance video, calling other stores, attempting to block the items from being returned w/o the receipt, which I had by the way.In the mist of all these advocates working for me, i get a text.

I have a theory, (it's just a theory) that their pricing model breaks as it goes below 50k or so.